VEDNER AS

0758 OSLO

Finances

Return on Equity

34,13 %

Current Ratio

2,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 781 000	1 531 000	481 000	988 000
Net Income	427 000	512 000	1 000	310 000
Total Assets	1 952 000	1 575 000	877 000	737 000
Total Equity	1 251 000	825 000	312 000	312 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 781 000	1 531 000	481 000	988 000
Expenditure	1 238 000	883 000	480 000	623 000
Operating Profit	543 000	647 000	1 000	366 000
Financial Income	1 000	0	0	0
Financial Costs	1 000	1 000	1 000	1 000
Financial Balance	0	−1 000	−1 000	−1 000
Earnings Before Tax	542 000	646 000	1 000	365 000
Tax	115 000	134 000	0	55 000
Net Income	427 000	512 000	1 000	310 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	412 000	349 000	203 000	302 000
Total Current Assets	1 540 000	1 226 000	674 000	435 000
Total Assets	1 952 000	1 575 000	877 000	737 000
Total Retained Equity	1 101 000	675 000	162 000	162 000
Total Equity	1 251 000	825 000	312 000	312 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	701 000	751 000	565 000	425 000
Total Equity and Debt	1 952 000	1 575 000	877 000	737 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 753 000	1 493 000	481 000	988 000
Other Income	28 000	38 000	0	0
Revenue	1 781 000	1 531 000	481 000	988 000
Cost of Goods Sold	55 000	133 000	23 000	172 000
Salary Costs	339 000	193 000	73 000	100 000
Depreciation	60 000	70 000	5 000	15 000
Impairment	0	0	0	0
Expenditure	1 238 000	883 000	480 000	623 000
Operating Profit	543 000	647 000	1 000	366 000
Financial Income	1 000	0	0	0
Financial Costs	1 000	1 000	1 000	1 000
Financial Balance	0	−1 000	−1 000	−1 000
Dividends	0	0	0	0
Net Income	427 000	512 000	1 000	310 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	151 000	0	50 000	229 000
Fixtures	188 000	276 000	80 000	0
Total Tangible Assets	340 000	276 000	130 000	229 000
Total Fiancial Fixed Assets	73 000	73 000	73 000	73 000
Total Fixed Assets	412 000	349 000	203 000	302 000
Stock	631 000	586 000	547 000	0
Total Investments	0	0	0	0
Cash, Bank	385 000	29 000	123 000	168 000
Total Current Assets	1 540 000	1 226 000	674 000	435 000
Total Assets	1 952 000	1 575 000	877 000	737 000
Total Equity	1 251 000	825 000	312 000	312 000
Short-Term Group Debt	0	73 000	122 000	55 000
Total Long-Term Debt	0	0	0	0
Creditors	54 000	52 000	48 000	188 000
Unpaid Taxes	100 000	78 000	14 000	43 000
Dividends	0	0	0	0
Other Current Debt	431 000	414 000	380 000	96 000
Total Current Debt	701 000	751 000	565 000	425 000
Total Equity and Debt	1 952 000	1 575 000	877 000	737 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,13 %	62,06 %	0,32 %	99,36 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	30,49 %	42,26 %	0,21 %	37,04 %
Current Ratio	2,2	1,63	1,19	1,02
Quick Ratio	22	7,43	37,44	1,02
Equity Ratio	0,64	0,52	0,36	0,42
Gross Profit Margin	96,91 %	91,31 %	95,22 %	82,59 %